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San Antonio Duplex on Corner Lot

971 Chalmers Ave San Antonio, TX 78211

971 Chalmers Ave, San Antonio, TX, 78211
$224,900
For Sale
Claim this Listing
$224,900

MULTI_FAMILY - San Antonio, TX

Property Size1,592 SF
Lot Size0.29 Acres
Price / SF$141.27
AddedMay 19
Days on Market58
Last RefreshJul 15 at 7:06 pm

Property Features for 971 Chalmers Ave

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
R-5
Standard status
Active
Size
1,592 SF
Lot size
0.29 Acres

Taxes and HOA fees

Tax Annual Amount
4691

Utilities

Cooling system
Central Air

Building Details

Year built
1947

Listing agent Tyler Moore

Listing office eXp Realty 17806 W IH 10 Ste 300, Austin, TX

Listing date May 19, 2026

MLS# 1966744 Listing URL

Copyright © 2026 LERA MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This updated duplex is located in the established Harlandale NW area of San Antonio. Situated on a 0.29 acre corner lot with mature trees, the property presents a valuable investment opportunity. One unit is currently tenant-occupied, providing immediate rental income. The second unit is vacant and suitable for an owner occupant or additional tenant. The duplex features updated interiors and functional layouts. It is ideal for investors seeking to expand their portfolio or buyers interested in multi-generational living or house hacking opportunities. Some updated plumbing, sewer, and electrical work has been completed. A Ring security system is installed on the property. The large lot offers added outdoor space, ample parking, and potential. The corner location enhances accessibility and curb appeal. The property is conveniently located near shopping, dining, schools, and major roadways. The property size is 1592 square feet. The zoning is R-5.

Key Highlights

  • Income‑producing duplex: Benefit from immediate rental income with one tenant‑occupied unit.
  • Vacant unit: Ready for you! Perfect for owner‑occupancy or attracting a new tenant.
  • Updated interiors and functional layouts: Modern appeal ensures comfortable living for tenants and owners alike.

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $27.7k $17.40
− Vacancy −$1.5k −$0.96
EGI $26.2k $16.44
− OpEx −$7.9k −$4.93
NOI $18.3k $11.51
1,592 SF · lease $17.40/SF/yr · vacancy 5.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$261.8K
$229.1K – $305.4K (±1% cap)
NOI $18,324 @ 7.0% cap · market cap 8.15%
Second Best
Apartment 5plus
$232.3K
$203.3K – $271.0K (±1% cap)
NOI $16,262 @ 7.0% cap · market cap 7.23%
Theoretical Best
Office A
$406.1K
$355.3K – $473.8K (±1% cap)
NOI $28,426 @ 7.0% cap · market cap 12.64%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Real Estate Agency Law Firm Dental Office Spa & Massage Center Parking Lot & Garage Skin Care Clinic Hair Salon Gym & Fitness Center Cafe & Coffee Shop Electrical Service

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Updated duplex in Harlandale NW, San Antonio, with income potential.
Where is this duplex located?
The property is located at 971 Chalmers Ave San Antonio, TX.
What is the asking price?
The asking price for this property is $224,900.
What are key features of this property?
This property features: Income‑producing duplex: Benefit from immediate rental income with one tenant‑occupied unit.; Vacant unit: Ready for you! Perfect for owner‑occupancy or attracting a new tenant.; Updated interiors and functional layouts: Modern appeal ensures comfortable living for tenants and owners alike.
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